Randian Capital argues the lender’s servicing assets could attract a strategic buyer, but its campaign faces loanDepot’s concentrated insider voting power
Tagged: mortgage servicing rights
The independent mortgage brokerage plans a phased rollout beginning as early as July 2026, giving affiliated originators a new pathway to recurring servicing-related revenue
United Wholesale Mortgage’s $1.3 billion all-stock acquisition of Two Harbors would nearly double its MSR footprint, while strengthening long-term borrower retention and competitive positioning in the broker channel
Company sees net loss of $23.9 million for quarter due to valuation adjustment on MSRs
Soon-to-be interim CEO Hsieh says company will focus on multi-channel sales model, proprietary tech stack, and servicing business
Despite a hefty hedging loss, annual gains look to outweigh quarterly losses
MSRs are back to trading at a premium of roughly 5x multiples of servicing fees for agency loans.
The company announced concurrently its decision to purchase Flagstar Bank's servicing and TPO operations for $1.4B.
The MSRs and subservicing contracts to be purchased from Flagstar total roughly $356 billion in unpaid principal balance, and include "attractive refinance opportunities."
Texas Capital Bank opposed the DOJ's motion to halt Ginnie Mae case discovery and the defendant's motion to dismiss.